2-bedroom flat · AL9 5EG
For saleListed 256 days
Opportunity summary
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About
Situated in a private gated development within a mile of the train station, this larger than average two double bedroom top floor flat with en-suite borders Hatfield's historic "Old Town" and is close to the Town Centre.
The property briefly comprises of entrance hall with security entryphone system and storage cupboards, a good sized L shaped lounge/dining room which is open plan to the kitchen which has built in appliances, two double bedrooms with en suite shower room/wc to the master bedroom and a further bathroom/wc.
The windows are triple glazed and the heating is gas fired with radiators.
Outside the communal grounds are well maintained, there is a private allocated under ground parking space and further guest spaces available. Please call us on to arrange your viewing.
Communal Entrance Hall - Entrance door to front, security entry phone system, stairs and lift to all floors.
Private Entrance Hall - Security entryphone system, storage cupboards, wood effect flooring, radiator, doors to: Open Plan L Shaped Lounge/Dining Room/Kitchen - Three triple glazed window to front, two radiators, wood effect flooring, fitted range of wall and base units, complimentary work surfaces and splash backs, space for fridge/freezer and washing machine, built in stainless steel oven and hob with chimney style extractor over.
Master Bedroom - triple glazed window to front, radiator, wood effect flooring, door to: En Suite - Shower cubicle with folding glazed doors, pedestal wash hand basin with mixer tap, mirror and shaver point over, dual flush wc, complimentary wall tiling, chrome effect heated towel rail, extractor fan, window to rear.
Bedroom Two - Triple glazed window to front, radiator, wood effect flooring.
Bathroom/Wc - Comprising of panel enclosed bath with mixer tap and shower attachment, pedestal wash hand basin with mixer tap, mirror and shaver point over, dual flush wc, complimentary tiling, chrome effect heated towel rail, extractor fan.
Private Underground Parking - Private allocated parking space beneath the building for one vehicle, further guest spaces.
Leasehold - Lease Details: - 125yrs from 01/01/2004 (105yrs remaining) Ground Rent: - £247.50 per annum Service Charge: - £2,400.00 per annum
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About North Drive, Hatfield
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